Read our current weekly market commentary

Close Icon
   
Contact Info     630-325-7100
15 Spinning Wheel Dr.
Suite 226
Hinsdale, IL 60521
Toll Free 888-325-7180

Category Archives: Dow Jones Industrial Average

S&P 500 posts gain on strong retail earnings, retail sales data

Bubbles are brutal…they force us to decide to either look like an idiot before the crash, or look like an idiot after it. – John Hussman, American economist and hedge fund manager The S&P 500 Index resumed its upward climb last week with modest gains and closed at an all-time high as retail sales data […]

Take a Tour 

Stock market’s winning streak ends as inflation surges

I can’t recall ever once having seen the name of a market timer on Forbes’ annual list of the richest people in the world. If it were truly possible to predict corrections, you’d think somebody would have made billions by doing it. – Peter Lynch All good things eventually come to an end and last […]

Take a Tour 

Strong earnings and jobs data lift major stock averages to record highs

The one reality that you can never change is that a higher-priced asset will produce a lower return than a lower-priced asset. You can’t have your cake and eat it, too. You can enjoy it now, or you can enjoy it steadily in the distant future, but not both – and the price we pay […]

Take a Tour 

Major stock averages all at record highs as earnings impress

If you can follow only one bit of data, follow the earnings (assuming the company in question has earnings). I subscribe to the crusty notion that sooner or later earnings make or break an investment in equities. What the stock price does today, tomorrow or next week is only a distraction. – Peter Lynch For […]

Take a Tour 

Strong earnings lift Dow to record high

The market is a pendulum that forever swings between unsustainable optimism (which makes stocks too expensive) and unjustified pessimism (which makes them too cheap). The intelligent investor is a realist who sells to optimists and buys from pessimists. – Benjamin Graham All three major stock averages rose for the third consecutive week and the Dow […]

Take a Tour 

Strong bank earnings propel stock market higher

If there is one common theme to the vast range of the world’s financial crises, it is that excessive debt accumulation, whether by the government, banks, corporations or consumers, often poses greater systemic risks than it seems during a boom. – Carmen Reinhart, American economist For the second straight week, the stock market rallied into […]

Take a Tour 

Stocks post modest gains as debt ceiling crisis averted

The courage to press on regardless – regardless of whether we face calm seas or rough seas, and especially when the market storms howl around us – is the quintessential attribute of the successful investor. – John Bogle After a rocky start to the week that saw the stock market plunge on Monday due to […]

Take a Tour 

Rising interest rates and inflation fears sink stocks

October: This is one of the peculiarly dangerous months to speculate in stocks. The others are July, January, September, April, November, May, March, June, December, August and February. – Mark Twain In another volatile week of trading, the major stock averages succumbed to fears of rising inflation, higher bond yields and the prospect of Federal […]

Take a Tour 

S&P 500 plunges 5% from record high, rebounds to close modestly higher

Speculation is an effort, probably unsuccessful, to turn a little money into a lot. Investment is an effort, which should be successful, to prevent a lot of money from becoming a little. – Fred Schwed Jr., was a professional trader on Wall Street and author By Friday’s close last week, the Dow Jones Industrial Average […]

Take a Tour 

Stocks post modest losses despite mostly favorable economic data

It’s very difficult for any particular segment of the stock market to sustain superior performance. The watch word for our financial markets is “reversion to the mean”, i.e. what goes up must come down, and it’s true more often than you can imagine. – John Bogle Although the Dow Jones Industrial Average snapped its 5-day […]

Take a Tour